Mercer Global Advisors Inc. ADV Takes $170,000 Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Mercer Global Advisors Inc. ADV bought a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,699 shares of the mining company's stock, valued at approximately $170,000.

A number of other institutional investors have also made changes to their positions in the stock. American Century Companies Inc. grew its stake in shares of Harmony Gold Mining by 5.5% during the fourth quarter. American Century Companies Inc. now owns 3,312,235 shares of the mining company's stock worth $27,193,000 after purchasing an additional 171,282 shares during the period. ABC Arbitrage SA acquired a new stake in shares of Harmony Gold Mining during the fourth quarter worth $20,229,000. Renaissance Technologies LLC acquired a new stake in shares of Harmony Gold Mining during the fourth quarter worth $11,903,000. Bridgewater Associates LP grew its stake in shares of Harmony Gold Mining by 72.2% during the fourth quarter. Bridgewater Associates LP now owns 694,309 shares of the mining company's stock worth $5,700,000 after purchasing an additional 291,131 shares during the period. Finally, Vontobel Holding Ltd. grew its stake in shares of Harmony Gold Mining by 4.1% during the fourth quarter. Vontobel Holding Ltd. now owns 516,166 shares of the mining company's stock worth $4,238,000 after purchasing an additional 20,336 shares during the period. 31.79% of the stock is owned by institutional investors and hedge funds.

Harmony Gold Mining Trading Up 4.3%

NYSE:HMY traded up $0.66 on Friday, reaching $15.84. The company's stock had a trading volume of 3,859,759 shares, compared to its average volume of 5,290,243. Harmony Gold Mining Company Limited has a 1-year low of $7.97 and a 1-year high of $18.77. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. The firm has a market cap of $10.05 billion, a PE ratio of 9.37, a PEG ratio of 0.63 and a beta of 1.01. The business's 50-day moving average price is $15.02 and its two-hundred day moving average price is $11.73.

Harmony Gold Mining Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, April 21st. Shareholders of record on Friday, April 11th were paid a $0.1245 dividend. This represents a yield of 0.9%. This is a boost from Harmony Gold Mining's previous semi-annual dividend of $0.04. The ex-dividend date of this dividend was Friday, April 11th. Harmony Gold Mining's payout ratio is presently 11.24%.

Analyst Ratings Changes

A number of equities research analysts recently commented on HMY shares. Wall Street Zen raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Hsbc Global Res raised Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th.

Harmony Gold Mining Company Profile

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa.